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Everything posted by placeholder

  1. . If your take on that is valid, why didn't Trump run on that instead of a prosperity without tears. Obviously, because it's wishful thinking on a massive scale.
  2. Why would they be ready for a prolonged economic struggle. Trump campaigned on making things better quickly including inflation. Now the US will be facing job losses and higher inflation for a dubious goal? Since when has the prospect of economic hardship been a vote winner? Republicans are acting like there’s a Blue Wave coming https://www.natesilver.net/p/republicans-are-acting-like-theres
  3. Which has absolutely nothing to do with your claim that barely competent is acceptable so long as the employee is loyal.
  4. Really? You have figures on automotive exports vs domestic consumption to confirm that? And now you're calling exports overproduction. It is to laugh.
  5. You mean like the reckless Japanese? Or the reckless South Koreans? Or the reckless Germans?
  6. That would look great on a resume. "I'm barely competent, but I am loyal. "
  7. Well will I was wondering was who appointed you the spokesperson? And the question you didn't answer remains: You think that the majority of Americans are willing to endure a lot of economic pain? Is that what Trump campaigned on?
  8. Do you understand that the biggest car market in the world is China's? https://www.statista.com/statistics/257660/passenger-car-sales-in-selected-countries/ How do you square that with your assessment of the Chinese economy? Your simplistic use of statistics fails to account for the fact that much of China's population lives in relative poverty. But also that much of its population does not.
  9. Whether or not they're nasty, they're not nearly as nasty as this. And this was for Easter!
  10. Who exactly is the "we" who are ready for it? Americans? You think that the majority of Americans are willing to endure a lot of economic pain? Is that what Trump campaigned on?
  11. You may not have noticed Scott's Bessent's remark to the effect that countries don't necessarily have to actually sign a deal. Just indicate that they're willing to do one. And your comment that "Do they seriously think they can threaten the entire Western World?" is particularly clueless. Why can't they? After all, Trump actually has threatened the entire world, East & West.
  12. Nice piece of cherry-picking from that article. You didn't note the article also said that Indonesia tried a major restriction on imports last year and had to seriously revise it due to manufacturers complaints about gummed about supply lines. Indonesia, in fact, Indonesia has a long history of protectionism. And the article closes with this: "As such, the imposition of the tariffs is unlikely to disrupt the mutually beneficial aspects of bilateral ties between Beijing and Jakarta. China is currently Indonesia’s main source of imports, and its main market for exports, and a continued flow of trade and investment is a necessary component of the Indonesian government’s domestic economic agenda. In this sense, it makes sense to view the new tariffs as a means of adjusting the balance between domestic and international economic priorities, rather than as an expression of bilateral tensions." https://thediplomat.com/2024/07/indonesia-announces-hefty-tariffs-on-chinese-made-goods/ The basic problem with Trump's tariff program implicit assumption that even if a country were to impose zero tariffs on US goods, that would somehow result in a trade balance of zero. These developing nations simply can't buy enough us stuff to make that happen. So the problem Trump is trying to solve won't be. And as for promises, they're promises. And of course, China can react with policies of its own. It's already finally making serious moves to increase consumer consumption to reduce reliance on exports.
  13. Alito’s Emergency Deportation Dissent Misrepresents the Most Crucial Fact in the Case Perhaps Alito’s most egregious misrepresentation, however, was not legal, but factual: The justice wrote that Trump administration lawyers “informed” a federal judge that “no” deportations “were planned to occur” on Friday or Saturday, so there was no need for emergency action. That is false. And what the Justice Department actually said in court reinforces the wisdom and necessity of the Supreme Court’s dramatic move. https://archive.ph/uGTP3#selection-1067.87-1071.87
  14. Really? These are targeted tariffs. Not broad universal tariffs like the ones Trump is proposing. These countries also send a lot of stuff to China. Yes, they have good reason to be afraid of an increase in Chinese exports. But they also have a good reason to fear American import restrictions. Trump isn't doing a brilliant job of persuading these countries to support the USA. There is no indication that they will follow Trump's model.
  15. The FBI may have verified it but did they share that information? What's more, would they be entitled to share it? It offered no evidence of criminality.
  16. What's that got to do with China's exports to the US?
  17. If your outlook is correct, which is dubious in the extreme, I can't see it lasting much past the next midterms.
  18. Griminess for the next many months. That's just what the people who voted for Trump signed up for. Grimness. It's a good thing he didn't make extravagant economic promises before he was elected...just kidding.
  19. And there were plenty of Trump partisans in the 2020 election who predicted that Trump would win. Oh, wait a minute, I forgot. They're still claiming that he really won but that the election was stolen. Now that's just plain pathetic.
  20. Again false, They said there was a strong possibility. And given the circumstances that was an entirely reasonable stance. The people who had copied the contents of the laptop held on to it for months before releasing it. Giuliani refused to release data that might have confirmed it's veracity. No investigation by investigative journalists was done. The original reporter that the NY Post assigned to the story refused to do it precisely for that reason And as it turns out, there was nothing incriminating against Joe Biden in the laptop. In fact evidence from it has actually refuted allegations against Joe Biden. But by releasing it not long before the election, allegations could fly without time for sufficient contradiction. The contents of the laptop turned out to be a nothingburger.
  21. First of all, stop with the "very big number" stuff. Sure that would be a very big number for Germany or France, but not so much for China. What does it take to make you understand that less than 14% of China's exports go to the USA? And exports are only 20% of China's GDP. But the real problem with your comment is that you keep on sticking to your prejudice that the buyer has the advantage. That's true if there's of competition among the sellers. But if the sellers are all or mostly located in China, that means that the stuff the buyer needs is either going to be hugely more costly or not available.
  22. You have entirely missed the point. You believe that in this situation it's the buyer who holds the advantage. But that only works in a marketplace where the seller has competitors. Now it's true that individual Chinese manufacturers do have competitors. But it's other Chinese manufacturers. So when that whole extraordinary industrial ecosystem is blackballed, it's not the Chinese who will suffer the most. After all, the American share of their exports is less than 14 percent. But where are the Americans going to find these products?
  23. Just to be clear it was "10% for the Big Guy? So a question, not an assertion_. And, funnily enough, Hunter Biden told his partners later that he had approached his father about doing business and he received an "emphatic no."
  24. There is this strange notion that because the US is buying and China is selling, that puts the US in a stronger position. Because of Chinese dominance in manufacturiing there isn't anywhere else to go for a lot of the stuff that China makes. Not just finished products but intermediate inputs as well.
  25. AI Overview The Georgia nuclear power plant, specifically Plant Vogtle, has experienced significant cost overruns and delays, resulting in a total project cost that is billions over the original budget and seven years behind schedule. The expansion of the plant to include Units 3 and 4, the first new nuclear reactors built in the US in decades, was originally projected to cost $14 billion and be completed by 2017, but the final cost has ballooned to around $35 billion. This includes $31 billion for Georgia Power and its partners, and an additional $3.7 billion paid to the original contractor, Westinghouse, to walk away from the project... Impact on ratepayers: The increased costs are being passed on to Georgia Power customers, with some estimates suggesting monthly bill increases of $9 to $35 And there's a lot more financial meltdown disasters like this one. .
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